RADHIKA JEWELTECH
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The Current P/E Ratio of RADHIKA JEWELTECH is 24.69.
Share Price | ₹106.3 | Dec 02,2024 |
Market Cap | ₹1,254.3 Cr | |
Earnings-TTM | ₹50.8 Cr | TTM-Standalone Results |
Price/Earnings | 24.69x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RADHIKA JEWELTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,254.3 Cr] as on Dec 02,2024
(/) Earnings [ ₹50.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.69x ]
Thus, for RADHIKA JEWELTECH , the investors are currently willing to pay 24.69 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of RADHIKA JEWELTECH !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of RADHIKA JEWELTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of RADHIKA JEWELTECH
PE Ratio Performance Analysis for RADHIKA JEWELTECH
- RADHIKA JEWELTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.07x.
- RADHIKA JEWELTECH 's operated at median p/e ratio of 3.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RADHIKA JEWELTECH 's p/e ratio peaked in Mar2024 at 15.4x.
- RADHIKA JEWELTECH 's p/e ratio hit its five-year low in Mar2021 of 1.57x.
How does RADHIKA JEWELTECH 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RADHIKA JEWELTECH | 50.80 | 24.69 | 1,254.3 |
TITAN COMPANY LTD | 3,242.00 | 90.52 | 293,467.0 |
KALYAN JEWELLERS INDIA LTD | 625.75 | 119.05 | 74,495.4 |
RAJESH EXPORTS LTD | 38.28 | 181.08 | 6,931.2 |
SENCO GOLD LTD | 204.89 | 43.58 | 8,929.9 |
THANGAMAYIL JEWELLERY LTD | 95.36 | 57.61 | 5,493.7 |
PC JEWELLER LTD | 15.32 | 604.60 | 9,262.5 |
GOLDIAM INTERNATIONAL LTD | 94.32 | 39.61 | 3,735.7 |
DP ABHUSHAN LTD | 83.12 | 41.18 | 3,423.1 |
ASIAN STAR COMPANY LTD | 73.31 | 17.37 | 1,273.5 |
RENAISSANCE GLOBAL LTD | 75.55 | 23.62 | 1,784.6 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RADHIKA JEWELTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.37x |
Max industry PE | 604.60x |
Median industry PE | 43.58x |
Average industry PE | 112.99x |
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